收购加拿大的矿产权益.PDFVIP

Acquiring Canadian Mining Interests 收购加拿大的矿产权益 Presentation to: MySteel 2012 Mission to Canada Anthony Arquin, Partner 合伙人 Brian Kujavsky, Partner 合伙人 2012年9月11 日 September 11, 2012 How to Acquire Canadian Mining Interests 如何收购加拿大的矿产权益 • Mining interests may be acquired through different types of transactions. 投资者可以通过各种不同类型的交易收购矿业股权. • Generally, the way in which a mining interest is acquired is a matter for negotiation between the buyer and the seller. 尽管法律和税务问题经常在选择合适交易方式过程中成为决定性因素. Types of acquisitions available to Canadian as well as foreign investors: 本国及外国投资者可以使用的手段： I. Take-Over Bid 要约收购 II. Plan of Arrangement 协议安排 III. Amalgamation 合并 IV. Acquisition of Outstanding Shares (less than 20% ）or Newly Issued Shares收购流通股（小于20 ％）或新股 V. Acquisition of Assets 资产收购 VI. Joint Venture 合营企业 VII. Options to Acquire Mining Interests 收购矿业权益的期权 2 I. Take-Over Bid 要约收购 Acquisition of Public Mining Company Through a Take-Over Bid 通过要约收购的方式收购上市矿业公司 What is a Take-Over Bid? 什么是要约收购？ Offer to acquire voting or equity securities made to shareholders where the securities subject to the bid plus securities beneficially owned by the bidder constitute 20% or more of the outstanding securities of a class of securities. 向现有股东发起收购邀约，以图连同收购者原本持有的股份一起达到控制20 ％以上流 通股份的目的。 Key Elements of a Take-Over Bid : 要约收购的要素: •Purchases above 20% 购买超过20%的仓位 •Offer to shareholders directly 直接向股东报价 •Bidder mails takeover bid circular to shareholders 竟标方将竞标报价邮寄给其股东 •Bid can be made using cash or shares 可以现金或者股票报价 •Cash bids are much easier 现金报价更容易 •Need for committed financing prior to commencement要生效前的融资承诺 3 II. Plan of Arrangement 协议安排 Acquisition of Public Mining Company through